Treasury Secretary Janet Yellen made a surprise visit to Ukraine to demonstrate that the ...
Treasury Secretary Janet Yellen made a surprise visit to Ukraine to demonstrate that the US supports the country economically.
Elon Musk defended Dilbert creator Scott Adams after the cartoon was dropped from several newspapers over Adams’s racist remarks. Adams was cut loose by a comics syndicator and a book publisher yesterday.
TD Bank has agreed to pay $1.2 billion to settle claims it aided a $7 billion Ponzi scheme.
Greta Thunberg and other activists are targeting Norway’s energy ministry over a wind farm they say gets in the way of indigenous people raising reindeer.
The Pokémon Company will release a game you play by sleeping later this year.
U.S. home prices fell for sixth straight month in December: S&P Case-Shiller
Single-family house prices continued to slow in December, according to data released...
Single-family house prices continued to slow in December, according to data released Tuesday.
Home prices nationally fell a seasonally-adjusted 0.3% in December from the month prior, according to S&P CoreLogic Case-Shiller Home Price Indices data released Tuesday. On a year-over-year basis, they rose 5.8%—but slower than the 7.6% gain a month prior.
The Case-Shiller index tracking prices in 20 of the nation’s largest metropolitan areas moved similarly. Home prices in that index fell a seasonally-adjusted 0.5% from the month prior, and were up 4.6% year-over-year, in line with FactSet consensus expectations.
Benchmark U.S. crudeoil for April delivery fell 64 cents to $75.68 a barrel Monday. Brent crude for April delivery fell 71 cents to $82.45 a barrel.
Wholesale gasoline for March delivery rose 1 cent to $2.37 a gallon. March heating oilrose 2 cents to $2.82 a gallon. April natural gasrose 18 cents to $2.73 per 1,000 cubic feet.
U.S. stocks end higher following worst week of 2023
U.S. stocks booked modest gains on Monday after recording their...
U.S. stocks booked modest gains on Monday after recording their worst week of the year as jitters about inflation and interest rates rattled investors.
The Dow Jones Industrial Average rose about 72 points, or 0.2%, ending near 32,889, according to preliminary figures, while the S&P 500 gained about 0.3% and the Nasdaq Composite Index closed up 0.6%.
Investors attributed the slight bounce in stocks on Monday to an easing of Treasury bond yields. The 10-year rate was at 3.921% Monday, while the 2-year was at 4.791%, still near the highest since 2007. Still, a key worry to emerge has been that a robust economy causes inflation to stay high, prompting the Federal Reserve to rely on a more “restrictive” level of interest rates, for longer, than previously anticipated.
U.S. natgas jumps 6% to one-month high on rising demand, output decline
U.S. natural gas futures jumped about 6% to a one-month high on Monday on forecasts for more demand this...
U.S. natural gas futures jumped about 6% to a one-month high on Monday on forecasts for more demand this week than previously expected and a drop in gas output so far this month. In addition to forecasts for colder weather next week that should keep heating demand higher than normal for this time of year, analysts noted gas prices have soared about 30% over the past four days due in part to a jump in U.S. liquefied natural gas (LNG) exports.
On its first day as the front-month, gas futures for April delivery rose 15.6 cents, or 6.1%, from where the April contract traded in the prior session to $2.704 per million British thermal units at 9:27 a.m. EST putting the contract on track for its highest close since Jan. 27.